🔐 Cyber News (July 12, 2024):

1️⃣ Justice: The cryptocurrency exchange and derivatives trading platform #BitMEX has admitted guilt in violating the Bank Secrecy Act. ⚖️

2️⃣ Elliptic: The Huione Guarantee online marketplace, widely used by scammers in Southeast Asia, has processed cryptocurrency transactions worth at least $11 billion. 💸

3️⃣ Malay Mail: Between 2018 and 2023, cryptocurrency miners in #Malaysia have stolen electricity valued at 3.4 billion ringgit (~$724.9 million). ⚡

4️⃣ ZachXBT: Users are advised to avoid the Compound Finance site, which may redirect visitors to a phishing site, posing a significant security threat. 🛡️

5️⃣ Decrypt: After an attack on DNS records hosted by Squarespace, approximately 228 DeFi project interfaces remain vulnerable. 🔒

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